TheBeak, can I just put yourself in one of new pilot's shoes.
You have finished training in probably the worst time with minimal experience. The only chance to get a job at the moment is to further expend and get that TR by yourself. All the while, those loan deadlines are approaching and at the same time you have to keep current so that when the industry improves, you might get a chance for a job.
In my opinion, it's worthwhile to pay for the TR as long as Ryanair offer me employment because I don't have to worry about keeping current and becoming rusty. They work us hard and we can build experience up quickly. If I didn't take this option, I would be working at a job with much lower wage and having to pay for flying and that's useful flying, not just an hour in the Warrior flying VFR.
I don't know what your background is but we know the risks and the consequences. We don't need to be kept reminded about the fact that our parents have given some of us an opportunity to get our foot on the ladder through their sacrifice.